Without cash from banks, white label ATMs shut downOut of the 2.15 lakh ATMs in the country, only 20% operate in rural areas. White label help banks service a large number of their rural cus...
28 Nov, 2016, 12.31 AM IST
RBI may soon allow interoperability of India Post's payment bank ATMsIndia Posts, which had last year won a licence to operate a payment bank, has not been able to move much on starting operations.
04 Jul, 2016, 04.00 PM IST
India sees more cashless transactions through internet, ATM, etc as consumers favour virtual paymentWith younger generation taking a liking to online or hi-tech methods of fund transfer, rather than filling up reams of paper, bank cheque m...
25 May, 2015, 12.29 AM IST
Delhi government asks banks to engage only licensed private security agenciesThe government has made it clear that service like cash-in transit and ATMs should also be handled by licensed security agencies in the nat...
22 Mar, 2015, 11.54 AM IST
India Post to connect its offices through CBS and also plans to roll out ATMsIndia Post has already indicated its intention to apply for a Payments Bank licence under the RBI's proposed differentiated licences scheme.
26 Aug, 2014, 05.54 PM IST
IBA panel suggests steps to improve ATM securityOne of the key suggestions is to set benchmarks for companies that carry cash from banks for replenishing ATMs.
01 Apr, 2014, 06.03 AM IST
Post Bank issue to be placed before Cabinet: Kapil SibalCommunications and IT Ministry will move the Cabinet to seek approval for funds needed to run banking operations of India Post.
14 Mar, 2014, 06.33 PM IST
India Post opens 2 ATMs in Delhi, 2800 more pan-India by March 2015Postal bank savings account holders in Delhi can now avail of ATM services as India Post today launched automated teller machines at two lo...
01 Mar, 2014, 09.28 PM IST
Muthoot Finance promoters may sell stake once Reserve Bank of India clears bank licencePromoters of Muthoot Finance may dilute their stake once their application for bank licence is cleared by the Reserve Bank of India, as per...
18 Feb, 2014, 03.56 PM IST
Prizm Payment launches white label ATM Money SpotPrizm Payments plans to deploy at least 10,000 Money Spot ATMs across India in the first phase of rollout.
28 Jan, 2014, 05.45 PM IST
Provide security or shut ATMs, Karnataka tells banksJyothi Uday, a manager at a Corp Bank branch in the IT capital of the nation, was left in a pool of blood after the attack.
21 Nov, 2013, 12.12 PM IST
ATMs may run dry on shortage of guards this festival seasonThere may be cash crunch at ATMs this festival season on account of shortage of armed staff in private security agencies that provide logis...
06 Oct, 2013, 01.09 PM IST
Srei Infrastructure Finance Ltd to roll out ATMs in FY14Srei Infrastructure Finance Ltd will begin rolling out white-label automated teller machines (ATMs) with 100 of them on a trial basis.
05 Jul, 2013, 11.59 AM IST
- India Post to enter banking space
The Indian postal department plans to enter the banking business with RBI deciding to grant new bank licences to entities with credible tra...
22 Feb, 2013, 08.31 PM IST
Hit by slow credit offtake and thin margins, banks will outsource 50% ATMs by 2015Banks, which hold the ATM licence, will be only responsible for the cash and its clearing and settlement.
12 Jul, 2011, 12.02 PM IST
- ATM sharing: PSBs want 'curbs' on MNC banks
PSBs with foreign branches have asked RBI to discriminate between domestic and foreign banks while allowing customer access to shared ATM n...
28 Apr, 2008, 10.50 AM IST
- Differentiated bank licences in the pipeline
The Reserve Bank of India, plans to introduce the differentiated bank licensing policy.
25 Apr, 2007, 01.03 AM IST